NOT LISTED FOR SALE

41 Founders Way Downingtown, PA 19335

Estimated Value: $1,007,322 - $1,235,000

4 Beds
3.5 Baths
4,900 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $668,500 $136 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,846/month

Highlights

  • In Ground Pool
  • 1 Acre Lot
  • Deck
  • Shamona Creek Elementary School Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of August 2017

This is your home & vacation property all wrapped up into ONE! Stately Colonial on a PRIME LOT backing to Marsh Creek State Park features a gorgeous retreat style backyard with refreshing pool on a park-like 1 acre lot in the convenient-to-everything, prestigious neighborhood of Lakeridge. Refinished hardwood floors highlight a dramatic 2-story Foyer with oak-turned staircase and leads into a gourmet kitchen that is outfitted with 42" cabinetry, large granite island with seating, newer SS appliances-including Jenn Air gas convection range, additional oven and a Breakfast Room with skylight & patio door to the deck. The adjoining Family Room offers a vaulted ceiling, marble fireplace, rear staircase and triple window which overlooks the picturesque backyard. Also presented on the main level are freshly painted Living and Dining Rooms, both w/hardwood floors & decorative crown and chair moldings, bright & airy Sun Room with wet bar and slider to the deck, private Office, updated Powder Room, Laundry Room with built-ins and access to the 3 car Garage. Upstairs presents a Master Suite with Sitting Area, large walk-in closet and Bath w/corner soaking tub and 3 additional spacious Bedrooms that share a beautifully remodeled Hall Bath. The Finished Lower Level provides a wonderful retreat for relaxing or entertaining - ideal for an In-law Suite/5th Bedroom, Rec Room, Movie Lounge, Exercise Room or Play Room. The possibilities are endless with 4 spacious rooms that offer additional living space, kitchenette, full bathroom and direct access to the pool. Outside, the backyard is truly designed for personal enjoyment with its large deck, patio surrounding an in-ground pool, lush landscaping, and manicured fenced-in yard. This property backs to Marsh Creek State Park with walking trails leading to the lake. Additional Features: 9' walls on 1st floor, Plantation Shutters, Solar Shades on back of home, Central Vac System, 2 HVAC units, updated pool coping and tile, public sewer, natural gas, plus much more! Award Winning Downingtown School District & STEM Academy, with Shamona Creek Elementary & the 6th Grade Center right down the street! This location is perfect for someone looking for space and privacy, while wanting to enjoy a community atmosphere and an easy commute to major routes, PA Turnpike and train stations. Only a relocation makes this home available!

Last Agent to Sell the Property

Theresa Tarquinio

(610) 291-6536 theresat@remax.net RE/MAX Professional Realty License #AB046734L Listed on: 06/03/2017

RE/MAX Professional Realty

Last Buyer's Agent

Dawn Myers

(610) 585-0105 dawnmyers@homesinpa.com RE/MAX Action Associates License #5018677

RE/MAX Action Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,617

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Northeast Facing Home
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 4,900 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Shamona Creek Elementary School
  • Downington Middle School
  • Downingtown High School West Campus

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 0025.8000
  • Assessor Parcel Number 32-06 -0025.8000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,617

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1996
  • Remarks Public: This is your home & vacation property all wrapped up into ONE! Stately Colonial on a PRIME LOT backing to Marsh Creek State Park features a gorgeous retreat style backyard with refreshing pool on a park-like 1 acre lot in the convenient-to-everything, prestigious neighborhood of Lakeridge. Refinished hardwood floors highlight a dramatic 2-story Foyer with oak-turned staircase and leads into a gourmet kitchen that is outfitted with 42" cabinetry, large granite island with seating, newer SS appliances-including Jenn Air gas convection range, additional oven and a Breakfast Room with skylight & patio door to the deck. The adjoining Family Room offers a vaulted ceiling, marble fireplace, rear staircase and triple window which overlooks the picturesque backyard. Also presented on the main level are freshly painted Living and Dining Rooms, both w/hardwood floors & decorative crown and chair moldings, bright & airy Sun Room with wet bar and slider to the deck, private Office, updated Powder Room, Laundry Room with built-ins and access to the 3 car Garage. Upstairs presents a Master Suite with Sitting Area, large walk-in closet and Bath w/corner soaking tub and 3 additional spacious Bedrooms that share a beautifully remodeled Hall Bath. The Finished Lower Level provides a wonderful retreat for relaxing or entertaining - ideal for an In-law Suite/5th Bedroom, Rec Room, Movie Lounge, Exercise Room or Play Room. The possibilities are endless with 4 spacious rooms that offer additional living space, kitchenette, full bathroom and direct access to the pool. Outside, the backyard is truly designed for personal enjoyment with its large deck, patio surrounding an in-ground pool, lush landscaping, and manicured fenced-in yard. This property backs to Marsh Creek State Park with walking trails leading to the lake. Additional Features: 9' walls on 1st floor, Plantation Shutters, Solar Shades on back of home, Central Vac System, 2 HVAC units, updated pool coping and tile, public sewer, natural gas, plus much more! Award Winning Downingtown School District & STEM Academy, with Shamona Creek Elementary & the 6th Grade Center right down the street! This location is perfect for someone looking for space and privacy, while wanting to enjoy a community atmosphere and an easy commute to major routes, PA Turnpike and train stations. Only a relocation makes this home available!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Dishwasher, Disposal, Built-In Microwave
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4900
  • Living Area Sq Ft: 4900
  • Net Sq Ft: 4900.00
  • Price Per Sq Ft: 138.76
  • Above Grade Finished Sq Ft: 4900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: DOWNINGTOWN AREA
  • Elementary School: SHAMONA CREEK
  • Middle School: DOWNINGTON
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • School District Key: 300200397436
  • Elementary School: SHAMONA CREEK
  • High School: DOWNINGTOWN HIGH SCHOOL WEST CAMPUS
  • Middle Or Junior School: DOWNINGTON

Lot Info

  • Improvement Assessed Value: 279420.00
  • Land Assessed Value: 77100.00
  • Land Use Code: R10
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 280621
  • Tax Annual Amount: 11617.00
  • Assessor Parcel Number: 32-06 -0025.8000
  • Tax Lot: 0025.8000
  • Tax Year: 2017
  • Close Date: 08/11/2017

MLS Schools

  • School District Name: DOWNINGTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jul 24, 2017
Sold by
Ellerstein Robert J and Ellerstein Sarah H
Bought by
Adams Mark David
Seller's Agent
Theresa Tarquinio
RE/MAX Professional Realty
Buyer's Agent
Dawn Myers
RE/MAX Action Associates
List Price
$679,900
Sold Price
$668,500
Premium/Discount to List
-$11,400
-1.68%
Current Estimated Value
$1,090,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,081
Avg. Annual Appreciation
6.17%
Original Mortgage
$534,800
Outstanding Balance
$446,028
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$644,553

Purchase Details

Closed on
Dec 26, 2008
Sold by
Prudential Relocation Inc
Bought by
Ellerstein Robert J and Ellerstein Sarah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2008
Sold by
Smith Matthew J and Smith Jennifer L
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 1996
Sold by
Lakeridge Lp
Bought by
Slezak Sue E and Horan Paul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,400
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adams Mark David $668,500 None Available
Ellerstein Robert J $566,000 None Available
Prudential Relocation Inc $566,000 None Available
Slezak Sue E $405,521 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mark David $534,800
Previous Owner Ellerstein Robert J $417,000
Previous Owner Slezak Sue E $324,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $668,500 -1.7% $136 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $679,900 0.0% $139 / Sq Ft
06/03/2017 06/03/17 For Sale $679,900 -- $139 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,769 $363,330 $77,100 $286,230
2024 $12,769 $363,330 $77,100 $286,230
2023 $12,405 $363,330 $77,100 $286,230
2022 $12,103 $363,330 $77,100 $286,230
2021 $11,682 $356,520 $77,100 $279,420
2020 $11,617 $356,520 $77,100 $279,420
2019 $11,617 $356,520 $77,100 $279,420
2018 $11,617 $356,520 $77,100 $279,420
2017 $11,617 $356,520 $77,100 $279,420
2016 $11,342 $356,520 $77,100 $279,420
2015 $11,342 $356,520 $77,100 $279,420
2014 $11,342 $356,520 $77,100 $279,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003203243

Bright MLS

APN: 32-006-0025.8000